24 C.F.R. § 235.215 Method of paying insurance benefits.
Title 24 - Housing and Urban Development
If the application for insurance benefits is acceptable to the Secretary, the insurance claim shall be paid in cash, unless the mortgagee files a written request with the application for payment in debentures. [59 FR 49817, Sept. 30, 1994]
Title 24: Housing and Urban Development
PART 235—MORTGAGE INSURANCE AND ASSISTANCE PAYMENTS FOR HOME OWNERSHIP AND PROJECT REHABILITATION
Subpart B—Contract Rights and Obligations—Homes for Lower Income Families
§ 235.215 Method of paying insurance benefits.

